RAPIDS VOLUNTEER FIRE COMPANY INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1935

Legal Domicile

Principal Officer

ANTHONY ROOK

Phone

7164344502

Tax Period

2025-01-01 to 2025-12-31

RAPIDS VOLUNTEER FIRE COMPANY INC, founded in 1935, is a small nonprofit in the Public Safety sector that reported $997K in total revenue in fiscal year 2025.

Mission

VOLUNTEER FIREFIGHTERS

Program Service Accomplishments

Program 1

Expenses: $813,166 Revenue: $883,011

TO SECURE AND RENDER PROTECTION OF LIFE AND PROPERTY FROM FIRE TO THE CITIZENS, RESIDENTS AND SOJOURNERS IN THE TOWNS OF LOCKPORT, ROYALTON AND CLARENCE CENTER, NEW YORK.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $26,447

Program Service Revenue $846,886

Investment Income $27,369

Other Revenue $96,710

TOTAL REVENUE $997,412

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $813,166

Other Expenses $1,004,219

TOTAL EXPENSES $1,004,219

Year-over-Year Comparison

	2025	2024	Change
Revenue	$997,412	$1,012,441	0.0%
Expenses	$1,004,219	$968,095	+0.0%
Net Income	$-6,807	$44,346	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY ROOK	PRESIDENT	36.00	Officer Director	$0	$0	$0
JOE FRIES	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
LAVERNE BOWEN	TREASURER	20.00	Officer Director	$0	$0	$0
MONICA ROOK	RECORDING SECRETARY	6.00	Officer Director	$0	$0	$0
HANNAH EDWARDS	CORRESPONDING SECRETARY	12.00	Officer Director	$0	$0	$0
ROB MCCARTIN	DIRECTOR	10.00	Director	$0	$0	$0
WENDY HOLLENBECK	DIRECTOR	10.00	Director	$0	$0	$0
MELANIE FRY	DIRECTOR	10.00	Director	$0	$0	$0
MIKE MOORE	DIRECTOR	10.00	Director	$0	$0	$0
ADAM WICK	DIRECTOR	10.00	Director	$0	$0	$0
BRENT AST	DIRECTOR	10.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$997,412	$1,004,219	$2,679,367	$-6,807
2024	$1,012,441	$968,095	$2,842,043	$44,346
2023	$864,538	$656,465	$2,424,475	$208,073
2022	$612,243	$589,575	$2,059,401	$22,668
2021	$751,975	$669,793	$1,917,001	$82,182
2020	$585,992	$517,022	$1,909,806	$68,970
2019	$563,817	$638,217	$1,926,948	$-74,400
2018	$563,642	$700,836	$2,056,612	$-137,194